Temasek Trust strengthens Earthshot Prize ecosystem with Asia expertise, reach

Temasek Trust strengthens Earthshot Prize ecosystem with Asia expertise, reach
Mr. Desmond Kuek, CEO of Temasek Trust, and Ms. Hannah Jones, CEO of The Earthshot Prize, at Temasek Shophouse

Temasek Trust, philanthropic steward and ecosystem-builder for good, today announced that it has expanded its long-term partnership with The Earthshot Prize, an ambitious global platform dedicated to driving catalytic change to protect and restore our planet, by becoming a Founding Partner.

Temasek Trust brings significant expertise to The Earthshot Prize that will enhance the Prize’s efforts to showcase and scale innovative solutions to restore the planet by drawing on the networks of Temasek Trust’s ecosystem in Asia and beyond.

Together, both organisations will work to spotlight this crucial region in the fight against climate change, while also unlocking global learnings and insights to identify, scale, and celebrate innovative solutions and eco-innovators.

By creating convening opportunities across Asia, and partnering around key initiatives such as Co-Axis, a digital impact marketplace by Temasek Trust, the two organisations will aim to connect  eco-innovators with funders equally committed to driving impact.

Founded by Prince William in 2020, The Earthshot Prize is a prestigious environmental prize which aims to discover, celebrate, accelerate, and scale solutions that can help put the world firmly on a trajectory towards a stable climate, where communities, oceans and biodiversity thrive in harmony by 2030. The five ‘Earthshots’ – simple and ambitious goals to repair our planet – are: Protect and Restore Nature, Clean Our Air, Revive Our Oceans, Build a Waste-Free World and Fix Our Climate.

Desmond Kuek, CEO, Temasek Trust, said, “Asia has many ground-breaking, high-impact innovations which need to be showcased and scaled globally to accelerate positive change. Temasek Trust is committed to creating the platforms and infrastructure for this. Our multi-year collaboration with The Earthshot Prize is rooted in a shared bias for action and ambition in catalysing innovative solutions at scale to repair our planet. We look forward to cross-pollinating ideas with other ecosystem partners of The Earthshot Prize to spotlight and scale regional solutions for a more sustainable tomorrow.”

Hannah Jones, CEO of The Earthshot Prize, said: “This evolution of our partnership with Temasek Trust, as they move from strategic partner to Founding Partner, underscores The Prize’s determination to expand the impact of our work in Asia, spotlight and elevate the incredible climate innovations across the region, and cement the Prize’s legacy in Singapore and beyond. Together we will work to catalyse funding to eco-innovators, convene partners within APAC and collaborate across our joint ecosystems to drive impact.”

This year, for the first time, the awards ceremony will be accompanied by a series of events as part of Earthshot Week. Beginning 6 November, the week will see global leaders, businesses, and investors convene in Singapore to explore exciting opportunities with The Earthshot Prize Winners and Finalists, aimed at accelerating their solutions and bringing about tangible action to repair the planet. Members of the public will also be invited to experience local activations centred on the 2023 cohort of Earthshot solutions.

About Temasek Trust

Temasek Trust, established by Temasek Holdings, is a steward of philanthropic assets, advocate of sustainability and catalyst of positive impact. It provides governance and financial oversight of endowments for an ecosystem of entities with the shared purpose of building better for every generation by protecting the planet, uplifting communities, connecting people, and advancing capabilities. In forging new pathways for philanthropy and impact investing with like-minded partners, Temasek Trust aims to promote catalytic philanthropy as a force for good. For more information, visit www.temasektrust.org.sg. Follow us on LinkedInInstagramFacebook, and YouTube. 

About The Earthshot Prize

Founded by Prince William and incubated in The Royal Foundation in 2020 for a year before becoming an independent platform/organisation, The Earthshot Prize is a global environmental prize and platform designed to discover, accelerate and scale ground-breaking solutions to repair and regenerate the planet. Inspired by President John F. Kennedy’s Moonshot, which united millions of people around the goal of reaching the moon, The Earthshot Prize aims to catalyse an Earthshot challenge to urgently encourage and scale innovative solutions that can help put the world firmly on a trajectory towards a stable climate, where communities, oceans and biodiversity thrive in harmony by 2030. The five challenges are: Protect and Restore Nature; Clean Our Air; Revive Our Oceans; Build a Waste-Free World; and Fix Our Climate.

For more information about The Earthshot Prize, visit: www.earthshotprize.org.

The Prize aims to turn the current pessimism surrounding environmental issues into optimism by championing inspiring leadership and helping to scale incredible cutting-edge solutions. It will discover 50 winners over 10 years with the power to repair the planet. More than an award, The Earthshot Prize works in partnership with a Global Alliance of Partners to support the scaling of the solutions discovered and selected each year.

The Global Alliance Founding Partners are a group of leading global organisations and philanthropists, which act as strategic funding partners to the Prize, including Aga Khan Development Network, Bezos Earth Fund, Bloomberg Philanthropies, Breakthrough Energy  Foundation, Coleman Family Ventures, DP World in partnership with Dubai EXPO 2020, Eleven Eleven Foundation, Holch Povlsen Foundation, Jack Ma Foundation, Law Family Charitable Foundation, Legado Para A Juventude, Mastercard Center for Inclusive Growth,  Marc and Lynne Benioff, Paul G. Allen Family Foundation, Rob Walton Foundation, Sandy and Paul Edgerley, Standard Chartered Bank, Temasek Trust, and Wyc Grousbeck and Emilia Fazzalari.

Global Alliance Partners are non-profit environment and sustainable development organisations that bring expertise, global reach and serve as nominating organisations each year.

Global Alliance Members are some of the world’s largest and most influential companies and brands that will support The Earthshot Prize, implement ambitious changes within their businesses and accelerate the advancement of the solutions of Prize Finalists and Winners.

They are: Arup, Bloomberg L.P., Deloitte, Herbert Smith Freehills, Hitachi, Ingka Group (IKEA), Microsoft, The Multichoice Group, Natura &Co, Safaricom, Salesforce, Unilever, Vodacom Group and Walmart.

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